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Irish housing crisis derails Varadkar’s re-election bid

DUBLIN (Reuters) – Nine years after a devastating crash in property prices catapulted the party of Irish Prime Minister Leo Varadkar to power, a housing market recovery too rapid for many threatens to dump it into opposition at this week’s general election. Th... More »

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Brexit spurs biggest cut in UK business investment in 10 years: BCC

LONDON (Reuters) – British companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc, an employers group said on Monday. Business investment was fo... More »

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Help available for first-time buyers, if you can find it

CHICAGO (Reuters – It took 52-year-old social worker Nancy Peterson a combination of five different grants and low interest loans to accumulate $80,000 for the downpayment she needed to become a first-time home buyer in Seattle last summer. Peterson’s modest i... More »

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Factbox: Impact on U.S. government widens on 18th day of shutdown

(Reuters) – A shutdown of about a quarter of the U.S. government reached its 18th day on Tuesday, with lawmakers and the White House divided over Republican President Donald Trump’s demand for money for a border wall ahead of his prime-time address to push the... More »

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China property investment growth slows, sales dip on increased curbs

BEIJING (Reuters) – China’s property investment growth slowed in April while sales marked their biggest fall in six months as higher borrowing costs and increased curbs on buyers weighed on demand, backing views that a key driver of the economy is losing some ... More »

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China aims to keep property market stable in 2018

China aims to pursue "stable and healthy development" of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. More »

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U.S. renters look for last-gasp window to buy

A “For Rent” sign is posted outside a residential home in Carlsbad, California, U.S., January 18, 2017. REUTERS/Mike Blake CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) People trying to escape soaring rents... More »

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Singapore property seen on path to recovery after prolonged slump

FILE PHOTO: A woman passes a private condominium estate in Singapore February 13, 2017. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked the... More »

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In Canada, a nation of realtors braces for the end of the boom

Houses under construction are seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. Canada’s long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threate... More »

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Australians sitting on mountains of cash as wealth outpaces debt

Two passengers aboard a ferry look at the Sydney Harbour Bridge as they approach Circular Quay in Sydney, Australia, March 29, 2017. REUTERS/Steven Saphore Australian households saw their wealth balloon to a record A$11.7 trillion ($8.97 trillion) last quarter... More »

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Atlanta Fed raises U.S. first-quarter GDP growth view to 2.5 percent

A shopper passes a ”Sale” sign at Quincy Market in downtown in Boston, Massachusetts, U.S. January 11, 2017. REUTERS/Brian Snyder The U.S. economy is on track to grow at a 2.5 percent annualized pace in the first quarter following the latest data on home sales... More »

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China can stabilize homes prices, tax plan under way: government

Residential buildings are seen in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason Lee China’s property prices will remain stable in the first quarter, housing minister Chen Zhenggao said on Thursday, adding the government has... More »

After building boom, South Korea girds for housing glut

A woman walks past an advertisement promoting an apartment complex which is currently under construction in Yongin, South Korea, August 24, 2016. REUTERS/Kim Hong-Ji In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gle... More »

Slowing China home price rises add to doubts about economy

BEIJING Home price rises in China slowed in June for a second straight month, adding to fears that a construction-led rebound in the economy may not be sustainable. The property market is a key driver of the world’s second-largest economy and a robust recovery... More »

Big city land-grab sowing seeds of next China property boom

BEIJING In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city’s most valuable treasures: a dirt field containing nothing but a few scattered trees. Last month the block sold for 3.3 billion yuan... More »